Sumitomo Chemical Resolved to Cancel Treasury Shares ｜ May 26, 2026

Overview of Capital Policy

At today's Board of Directors meeting, Sumitomo Chemical resolved to cancel 5,275,195 shares of treasury stock (7.54% of total issued shares before cancellation) in accordance with Article 178 of the Companies Act. As a result, the total number of issued shares is scheduled to be 64,683,785 shares. The share cancellation aims to enhance shareholder value and improve capital efficiency, with the scheduled cancellation date being May 26, 2026.

Impact on Shareholders and Future Outlook

The cancellation of treasury shares is expected to reduce share dilution and increase shareholder value. The decrease in total shares due to cancellation may lead to improvements in per-share net assets and profit indicators. Going forward, the company will continue to promote appropriate capital policies as part of its efforts to improve capital efficiency and return value to shareholders. Investors are likely to view this as an initiative that enhances financial health and demonstrates commitment to shareholder returns.